Government is set to adopt the International Public Sector Accounting Standards (IPSAS) framework in a bid to modernize the public sphere and enhance transparency and accountability in public financial management. Finance Minister, Professor Mthuli Ncube, made the announcement during the launch of the IPSAS Zimbabwe Financial
Foreign Affairs and International Trade Minister Frederick Shava is leading the Zimbabwean delegation at this year’s World Economic Forum (WEF) in Switzerland accompanied by his counterparts, Finance and Economic Development Minister Prof Mthuli Ncube and Industry and Trade Minister Sekai Nzenza. The WEF Annual Meeting 2023
Treasury has slashed by half, the Money Transfer Tax (IMTT) on domestic foreign currency transfers from 4 percent to 2 percent in an attempt to encourage usage of electronic transfers on foreign currency and lessen the demand for hard cash. In May this year, President Emmerson
263Chat · Cushion Civil Servants With 50% USD Salaries, Urged Govt Debt and development pressure group, the Zimbabwe Coalition on Debt and Development (ZIMCODD) has called on the government to offer civil servants 50% salaries in United States dollars and local currency as a way of
Policy think tank group, the Zimbabwe Democracy Institute (ZDI) has bemoaned the failure by Finance Minister Professor Mthuli Ncube to meet the Abuja Declaration of allocating 15 percent of the total budget to health when he presented his 2022 Budget statement. In its monthly report for
The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe says the country is on course to attaining a positive economic trajectory growth in 2021 and 2022 respectively. In a statement following a meeting to deliberate on the macroeconomic and financial developments in the economy
Finance and Economic Development Minister, Professor Mthuli Ncube says the Government through the 2022 national budget is revamping the country’s hospital infrastructure as well as working on the reduction of Non Communicable Diseases (NCDs). Speaking during a post budget stakeholders meeting in Harare, Professor Ncube said
Election advocacy group, the Election Resource Centre (ERC) has called on Finance Minister and Parliament to avail adequate resources to the Zimbabwe Electoral Commission (ZEC) in light of the impending by-elections. Last week, Finance Minister Professor Mthuli Ncube whilst presenting the 2021 national budget allocated ZWL
The government is set to launch the much-anticipated Victoria Falls Stock Exchange (VFEX) in a move to attract capital into the economy of the country
The Zimbabwe Cross Border Traders Association (ZCBTA) has expressed concern over government’s failure to improve the ease of doing business for the informal sector. Speaking at a workshop to capacitate cross border traders, ZCBTA Secretary General, Tawanda Augustine accused Government of failing to provide incentives for
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